Honda Cars India

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Honda Cars India Ltd
Subsidiary
Industry Automotive
Founded 1995; 22 years ago (1995)[1]
Headquarters Greater Noida, Uttar Pradesh
Number of locations
2
Key people

Yoichiro Ueno
(President and CEO) -
Mr. Yoichiro Ueno is President & CEO of Honda Cars India Ltd. with effect from 1st April, 2016.

Mr Ueno has served as Managing Director & Chief Executive Officer of Honda Malaysia in his last assignment..[2]
Products Automobiles
Parent Honda
Website hondacarindia.com

Honda Cars India Ltd (HCIL) is a subsidiary of Honda of Japan for the production, marketing and export of passenger cars in India. Formerly known as Honda Siel Cars India Ltd, it began operations in 1995[1] as a joint venture between Honda Motor Company and Usha International of Siddharth Shriram Group.[citation needed] In August, 2012, Honda bought out Usha International's entire 3.16 percent stake for 1.8 billion in the joint venture. The company officially changed its name to Honda Cars India Ltd (HCIL) and became a 100% subsidiary of Honda.

Facilities[edit]

HCIL's first manufacturing unit at Greater Noida began operations in 1997. Set up at an initial investment of over 4.5 billion, the plant is spread over 150 acres (0.61 km2). The initial capacity of the plant was 30,000 cars per year, which was thereafter increased to 50,000 cars on a two-shift basis. The capacity has further been enhanced to 100,000 units annually as of 2008. This expansion led to an increase in the covered area in the plant from 107,000 square metres (1,150,000 sq ft) to over 130,000 m2 (1,400,000 sq ft).

Honda set up its second plant in India at Tapukara in Alwar District of Rajasthan,

In 2015-2016 revenue of 16,870crore,360crore net profit after 6 years losses in Indian opetation. July,2017 Monthly sales touches over 17,000 cars thanks to WRV new launch. City and WRV are selling over 4,500-month vehicle sales hit.

[3] spread over 450 acres (1.8 km2) with an investment of ₹3526 crores.[4] It operates under the ISO 9001 standard for quality management and ISO 14001 for environment management.[5]

Current production models[edit]

2nd Generation Honda Jazz
The 5th Generation Honda City
8th Generation Honda Civic
8th Generation Honda Accord

Sales[edit]

HCIL has 331 dealership outlets across 121 cities in 20 states and 3 Union Territories of India.[6]

It sold 189,062 units during the period between April 2014 and March 2015 as against 1,34,399 units during the same period a year ago, recording an increase of over 44%.[citation needed]

Honda, the Japanese carmaker, launched a new compact SUV on the Jazz platform called WRV in March 2017. 2017March ended revenue touches 16,870crore,First profit 360crore profit after 6 years losses.

Awards[edit]

2014[edit]

  • corporate - Engine of the year - honda eco technology(HET) 1000cc engine

Sedan Of The Year - Honda City

2006[edit]

  • Best Indian Company (unlisted) by Business Standard Group
  • Manufacturer of the Year by NDTV Profit-Car India
  • Manufacturer of the Year by CNBC-TV 18 Autocar India
  • No 1 Mid Size Car (Honda City); No 1 Entry Luxury Car (Honda Accord) and No 1 Premium SUV (Honda CR-V) by TNS
  • Best Mid-size Car in Initial Quality (Honda City) and Most Appealing Mid-size car (Honda City) by JD Power

2005[edit]

  • CNBC Autocar CAR of the year 2004
  • ICICI Overdrive SUV of the Year 2004 - Honda CR-V
  • ICICI Overdrive Car of the Year 2004 - Honda City
  • Business Standard Motoring Car of the Year 2004 - Honda City

See Also[edit]

References[edit]

  1. ^ a b Company Profile, Honda Cars India, 2015 
  2. ^ HCIL Website - Honda Executives Archived 2007-09-28 at the Wayback Machine.
  3. ^ "Honda Car India-Company Profile". Honda Car India. Retrieved 30 October 2015. 
  4. ^ "Honda India rolls out its first car from Tapukara Plant in Rajasthan completed in 2014 South of Delhi". IANS. news.biharprabha.com. Retrieved 25 February 2014. 
  5. ^ "HSCI Commences Construction at its Second Plant in Rajasthan". Honda Car India press releases. Retrieved 30 October 2015. 
  6. ^ "Archived copy". Archived from the original on 2011-07-12. Retrieved 2012-07-22.